Fedex (FDX) EBT Margin (2009 - 2026)
Fedex's (FDX) quarterly EBT Margin came in at 5.26% in Q1 2026, down 7.0% year-on-year from 5.66% in Q1 2025, and down 4.18% quarter-over-quarter from 5.49% in Q4 2025.
Fedex (FDX) EBT Margin (2009 - 2026) Analysis & Trends
Fedex has disclosed EBT Margin across 18 years of filings, most recently posting 5.26% for Q1 2026.
- EBT Margin for Q1 2026 came in at 5.26%, down 7.0% year-over-year; the trailing twelve-month figure through Feb 2026 was 6.43% (up 45.0% YoY), and the FY2025 annual result was 6.19%, down 47.0% from the prior year.
- EBT Margin came in at 5.26% for Q1 2026 at Fedex, down from 5.49% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 10.0% in Q2 2025 to a low of 2.8% in Q2 2022.
- The 5-year median for EBT Margin is 5.33% (2025), against an average of 5.86%.
- Across the five-year window, EBT Margin tumbled 878 bps in 2022 and surged 690 bps in 2023, its largest moves.
- Fedex's EBT Margin stood at 4.64% in 2022, then increased by 17 bps to 5.42% in 2023, then dropped by 18 bps to 4.47% in 2024, then grew by 23 bps to 5.49% in 2025, then slipped by 4 bps to 5.26% in 2026.
- The last three EBT Margin figures came in at 5.26% (Q1 2026), 5.49% (Q4 2025), and 5.1% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Parcel Service | 92.26 Bn | 86.49 Bn | 18.44 Bn | 5.30% |
| 2 | Fedex | 78.12 Bn | 66.43 Bn | 20.49 Bn | 5.26% |
| 3 | Hunt J B Transport Services | 26.94 Bn | 26.93 Bn | 2.88 Bn | 6.19% |
| 4 | C. H. Robinson Worldwide | 22.05 Bn | 21.89 Bn | 1.50 Bn | 4.15% |
| 5 | Expeditors International Of Washington | 21.79 Bn | 20.48 Bn | 2.84 Bn | -10.09% |
| 6 | Landstar System | 7.42 Bn | 7.01 Bn | 1.16 Bn | 4.50% |
| 7 | GXO Logistics | 5.58 Bn | 4.83 Bn | 490.00 Mn | 0.52% |
| 8 | ZTO Express (Cayman) | 2.73 Bn | -774.03 Mn | 469.01 Mn | 19.46% |
| 9 | Pitney Bowes | 2.47 Bn | 2.16 Bn | 375.39 Mn | 16.86% |
| 10 | Cryoport | 783.40 Mn | 379.76 Mn | 21.91 Mn | -19.51% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 5.26% |
| Nov 30, 2025 | 5.49% |
| Aug 31, 2025 | 5.10% |
| May 31, 2025 | 10.00% |
| Feb 28, 2025 | 5.33% |
| Nov 30, 2024 | 4.47% |
| Aug 31, 2024 | 4.89% |
| May 31, 2024 | 9.17% |
| Feb 29, 2024 | 5.44% |
| Nov 30, 2023 | 5.42% |
| Aug 31, 2023 | 6.56% |
| May 31, 2023 | 9.70% |
| Feb 28, 2023 | 4.61% |
| Nov 30, 2022 | 4.64% |
| Aug 31, 2022 | 4.97% |
| May 31, 2022 | 2.80% |
| Feb 28, 2022 | 5.82% |
| Nov 30, 2021 | 5.88% |
| Aug 31, 2021 | 6.62% |
| May 31, 2021 | 11.58% |